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USD to MAD - Compare Exchange Rates

United States Dollar to Moroccan Dirham - Convert Compare Save

The total cost you are charged by your foreign exchange provider consists of the margin from the mid-rate offered plus any fixed or percentage fees. These margins and fees vary significantly for International Money Transfers and Travel Money transactions as shown below.

 

USD to MAD interbank exchange rate = 9.6203

Right now the USD/MAD interbank exchange rate is 9.6203. It’s also called the mid-market rate or just the mid-rate and is the rate that banks use when trading large amounts of foreign currencies with one another.

It's the reference rate we use to calculate how much you are being charged to convert Moroccan Dirham to United States Dollar.

Looking for MAD travel money? Then it is important to note that the Moroccan Dirham is a closed currency. Which means that you will not be able to purchase the currency before departure and will need to buy it upon arrival. For more information and a full list of closed currencies read our guide: What is a closed currency?

A good solution for closed currencies is to use a pre-paid travel card to avoid carrying large amounts of cash and also minimise ATM fees - Compare Travel Cards

This USD/MAD Converter calculates equivalent United States Dollar to Moroccan Dirham amounts at the market mid-rate. You can also enter your own rates to find out the percentage difference to the latest market rates you are being charged.

USD / MAD converter & margin calculator


$USD
د.م.MAD
Mid-rates:
 

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Sending USD->MAD we recommend:

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1 Week USD to MAD
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United States Dollar

Moroccan Dirham

1 USD 9.6203 MAD
5 USD 48.10 MAD
10 USD 96.20 MAD
20 USD 192.41 MAD
50 USD 481.02 MAD
100 USD 962.03 MAD
250 USD 2,405.08 MAD
500 USD 4,810.15 MAD
1,000 USD 9,620.30 MAD
2,000 USD 19,240.60 MAD
5,000 USD 48,101.50 MAD
10,000 USD 96,203.00 MAD
50,000 USD 481,015.00 MAD
100,000 USD 962,030.00 MAD
See more

United States Dollar

Moroccan Dirham

0.1039 USD 1 MAD
0.5195 USD 5 MAD
1.0390 USD 10 MAD
2.0780 USD 20 MAD
5.1950 USD 50 MAD
10.39 USD 100 MAD
25.98 USD 250 MAD
51.95 USD 500 MAD
103.90 USD 1,000 MAD
207.80 USD 2,000 MAD
519.50 USD 5,000 MAD
1,039.00 USD 10,000 MAD
5,195.00 USD 50,000 MAD
10,390.00 USD 100,000 MAD
See more

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United States Dollar to Moroccan Dirham (USD-MAD) - 10 Year History

The below table shows the historic variation in the USD/MAD exchange rate over the last 10 years. The percentage change is the difference from the date shown to present. This lets you decide if the current rate is in your favour. You can also view our various charts of USD versus other currencies : USD historical charts.

DateExchange RatePeriodChange
23 Apr 20199.6215Latest
16 Apr 20199.60231 Week+0.2%
24 Mar 20199.61921 Month+0.02%
25 Oct 20189.53836 Months+0.87%
23 Apr 20189.24021 Year+4.13%
23 Apr 201710.01572 Years-3.94%
24 Apr 20148.12125 Years+18.47%
25 Apr 20098.424210 Years+14.21%

Why can't I just get the USD/MAD market rate I see on Google or in the Media?

The USD/MAD mid-rate is the rate you will see Quoted on Google or the News, nobody except the largest banks and businesses can get exchange rates close to this mid-rate. It is actually just the theoretical half-way point (hence mid-rate) between the last rate at which the USD / MAD was traded (bought or sold) in the international markets.

Getting a good market rate is mainly about timing however the transaction margin you end up being charged can be considerably reduced by around a few percent (of total amount being exchanged) for travel money and possibly over 5% to 6% when sending money. The exact potential savings depends on the currencies being exchanged and the amount you are transferring and if you are willing to shop around.

The closer your final exchange rate is to the market USD/MAD midrate the better deal you are getting.

Our real-time foreign transfer and travel money/cards comparison calculators make shopping around easy and help you calculate how much you can save.

The three things you need in order to get a good USD to MAD exchange rate

  1. Know the latest USD/MAD market mid-rate. The closer your final exchange rate is to this real market rate the better deal you are getting. You should also judge how the current rate compares to the historic rate over the past 10 years.
  2. Compare your Bank's transaction costs to several licensed FX providers, remember to compare the exchange rate margins as well as the various types of fees. We make that easy to do with our calculators for Foreign Transfers and Travel Money transactions.
  3. Review up-to-date Currency News and Forecasts for both the and currencies, if available.

Currency news and forecasts for United States Dollar and Moroccan Dirham

Whenever you are researching a particular exchange rate you are actually interested in two currencies as the value of a currency must always be quoted relative to a second currency.

So it follows that if you are determining the best time to transact, in this case the USD vs MAD, you should pay attention to both United States Dollar and Moroccan Dirham news and forecasts.

United States Dollar (USD) - Market news and forecasts

In the third week of April the Dollar Index was rallying strongly towards the mid-97s, slightly below major resistance at 97.70, a break of which would be massively positive for the greenback. The index was up 1.7 percent year-to-date.

The dollar’s strength comes in spite of a dovish surprise in March from the Federal Reserve, which ditched two interest rate hikes from its 2019 projections. Fortunately for dollar holders, the rest of the world has problems and other important central banks also turned dovish, removing much of the incentive for selling USD.

Bloomberg research warned in April of potential for a large upcoming move in the US dollar, up or down. Over the past quarter-century, three prominent troughs in the JPMorgan Global FX Volatility Index were followed by dollar moves over 6-month periods worth 10-15 percent. The index was trading in mid-April at a 5-year low.

Moroccan Dirham (MAD) - Market news and forecasts

No recent Moroccan Dirham market updates.